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profiles: 5 Unique Ways Entrepreneurs Are Raising Money

profiles

5 Unique Ways Entrepreneurs Are Raising Money

June 4, 2009
(Page 4 of 6)

Appealing to customers’ charitable sides

Appealing to customers’ charitable sides

Brighter Planet, a Middlebury, Vt., company that sells emissions reduction credits to individuals and organizations looking to offset their carbon footprints, hopes encouraging customers to shop will help it raise cash — and save the planet.

Through a partnership with Bank of America, Brighter Planet offers its members Visa-branded credit and debit cards. The company receives 2.1% of every dollar cardholders spend using their affinity cards. Since 2006, the company has raised roughly $350,000. While much of those funds have gone toward investments in alternative-energy projects and carbon-offset purchases, the company also uses a portion of the proceeds to support the business, says Patti Prairie, the company’s CEO. (The company outlines how it spends revenues generated from the cards in the cardmember agreement.) “Instead of getting miles, we’re helping people invest in clean energy,” she says.

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Last 3 Comments
Tim Platt Posted: 7:15 PM On June 30, 2009
Referrals to VCs and Angel groups from a trusted source are a proven way to make a first impression--but it is only on paper, and even then, only if you already have that connection. For the rest of us, there's Speed Venture Summit--where capital & business match in minutes(SM). http://www.speedventuresummit.org. At SVS, company execs speed pitch their growth story to 6 different private capital investor groups in a single afternoon, and find out in minutes whether they have a call-back for a management presentation.
Kathie Posted: 8:03 AM On June 9, 2009
Dear Diana
The fourth story of Blogertizeworld.com was simply amazing. How did you discover this startup as it was not based in US?
Dewon Lawton Posted: 2:29 AM On June 8, 2009
'Our Company Has Over 39 Years Of Experience.'
America's #1 Small-Business Specialists of the U.S.A.
FREE MAILING PROGRAM THAT PREPAYS YOU!
http://www.dewonlawton.synthasite.com
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